Dealer Sentiment Positive Despite Auto Supply Squeeze
The profit index sets another record high, while the price pressure index increased modestly.
The profit index sets another record high, while the price pressure index increased modestly.
The auto transport sector requires specialized trucks and training. In times of surges and droughts of production, driver retention becomes an even bigger issue.
The automotive remarketing sector is seeing big changes due to an increased use of technology, evolving vehicle mix and shifting expectations from buyers and sellers.
A recent quarterly report from Haig Partners shows that buy-sell activity among auto dealerships has exploded, leading to "empty lots and overstuffed wallets."
Maria Acuna, the comptroller at Big Valley Auto Auction where she had worked 13 years, passed away on Aug. 14 at age 47.
SelecTrucks is offering buyers some extra confidence during their first few months of used-truck ownership with enhanced 60-Day Buyer’s Assurance coverage.
The current low-supply, high-demand situation means finding and buying a new vehicle may be a challenge.
High consumer demand and low inventories have allowed Ford to push average transaction prices to new highs.
Hybrids and plug-ins still dominate the electrified market, but with quarter-over-quarter sales up 201%, automakers are pointing to a future with more EVs.
Survey: Car dealers are most optimistic when traffic is good, profits are strong, and when new and used vehicles prices are high.
The fleet management company's new vehicle remarketing program shortens the needed selling time.
72% of franchised auto dealers surveyed say that finding and hiring the right employees is a challenge.
The latest Cox sentiment index shows more signs of the overall market recovery from the depths of Q2 2020.
A Kelly Blue Book report shows growing interest in electric and green vehicles, especially SUVs.
During Earth Month, Manheim and Cox have launched company-wide campaigns to encourage more sustainable actions among team members at home and at work.
View photos from the 2019 Conference of Automotive Remarketing, which took place from March 25 to 27 at Caesars Palace Las Vegas.
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